Account and Finance Questions Practice Question and Answer

Q:

Which of the following is the nodal agency of Unstructured Supplementary Service Data (USSD) Service?

894 0

  • 1
    NPCI
    Correct
    Wrong
  • 2
    RBI
    Correct
    Wrong
  • 3
    SBI
    Correct
    Wrong
  • 4
    SEBI
    Correct
    Wrong
  • 5
    FBI
    Correct
    Wrong
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Answer : 1. "NPCI"

Q:

What is the full form of ASBA:

885 0

  • 1
    Allotment supported by Blocked Amount
    Correct
    Wrong
  • 2
    Application supported by Blocked Amount
    Correct
    Wrong
  • 3
    Application supported by Bank Amount
    Correct
    Wrong
  • 4
    Allotment supported by Bank Account
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 2. "Application supported by Blocked Amount"

Q:

Name the apex organization of industrial finance in India. 

885 0

  • 1
    IFCI
    Correct
    Wrong
  • 2
    IDBI
    Correct
    Wrong
  • 3
    ICICI
    Correct
    Wrong
  • 4
    IIFI
    Correct
    Wrong
  • 5
    BCIF
    Correct
    Wrong
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Answer : 2. "IDBI "

Q:

The difference between exports and imports is called?

856 0

  • 1
    Assets and liabilities
    Correct
    Wrong
  • 2
    Balance of payment
    Correct
    Wrong
  • 3
    GDP
    Correct
    Wrong
  • 4
    Balance of trade
    Correct
    Wrong
  • 5
    Depreciation
    Correct
    Wrong
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Answer : 5. "Depreciation"

Q:

The government notified a hike in the foreign direct investment (FDI) limit in pension fund management to what percent under the national pension system (NPS)?

852 0

  • 1
    74%
    Correct
    Wrong
  • 2
    100%
    Correct
    Wrong
  • 3
    49%
    Correct
    Wrong
  • 4
    64%
    Correct
    Wrong
  • 5
    70%
    Correct
    Wrong
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Answer : 1. "74%"

Q:

Among the following international currencies which one is NOT included in the SDR basket of IMF? 

851 0

  • 1
    Australian Dollar
    Correct
    Wrong
  • 2
    Euro
    Correct
    Wrong
  • 3
    Renminbi
    Correct
    Wrong
  • 4
    Yen
    Correct
    Wrong
  • 5
    Pound Sterling
    Correct
    Wrong
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Answer : 1. "Australian Dollar "

Q:

India's first international stock exchange 'India INX' is wholly subsidiary of 

849 0

  • 1
    RBI
    Correct
    Wrong
  • 2
    SEBI
    Correct
    Wrong
  • 3
    BSE
    Correct
    Wrong
  • 4
    NSE
    Correct
    Wrong
  • 5
    SBI
    Correct
    Wrong
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Answer : 3. "BSE"

Q:

RBI directed banks to provide doorstep banking facilities to- 

838 0

  • 1
    Poor women
    Correct
    Wrong
  • 2
    Citizens above 50 years of age
    Correct
    Wrong
  • 3
    Children below 15 years of age
    Correct
    Wrong
  • 4
    Scheduled tribe persons
    Correct
    Wrong
  • 5
    Differently abled persons
    Correct
    Wrong
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Answer : 5. "Differently abled persons "

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